XML 35 R81.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 18 - Income Taxes (Details) - Summary of Deferred Income Tax Assets and Liabilities (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets:    
Compensation and benefit accruals $ 1,665us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits $ 1,905us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
Inventory valuation 3,124us-gaap_DeferredTaxAssetsInventory 3,176us-gaap_DeferredTaxAssetsInventory
Federal and state net operating loss carryforwards 46,835us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal 44,139us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
Deferred revenue 2,573us-gaap_DeferredTaxAssetsDeferredIncome 3,180us-gaap_DeferredTaxAssetsDeferredIncome
Accounts receivable allowance 113us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts 129us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
Defined benefit pension plan 2,304us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions 873us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
Foreign deferred revenue and other provisions 2,556sypr_DeferredTaxAssetsForeignDeferredRevenueAndOtherProvision 3,973sypr_DeferredTaxAssetsForeignDeferredRevenueAndOtherProvision
AMT credits 185us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax 185us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
Other 974us-gaap_DeferredTaxAssetsOther 1,339us-gaap_DeferredTaxAssetsOther
60,329us-gaap_DeferredTaxAssetsGross 58,899us-gaap_DeferredTaxAssetsGross
Domestic valuation allowance (51,914)sypr_DeferredTaxAssetsDomesticValuationAllowance (49,832)sypr_DeferredTaxAssetsDomesticValuationAllowance
Total deferred tax assets 8,415us-gaap_DeferredTaxAssetsNet 9,067us-gaap_DeferredTaxAssetsNet
Foreign subsidiaries – unrepatriated earnings (3,773)sypr_DeferredTaxLiabilitiesForeignSubsidiariesUnrepatriatedEarnings (2,665)sypr_DeferredTaxLiabilitiesForeignSubsidiariesUnrepatriatedEarnings
Depreciation (2,086)sypr_DeferredTaxLiabilitiesDepreciation (2,429)sypr_DeferredTaxLiabilitiesDepreciation
Total deferred tax liabilities (5,859)us-gaap_DeferredTaxLiabilities (5,094)us-gaap_DeferredTaxLiabilities
Net deferred tax asset $ 2,556us-gaap_DeferredTaxAssetsLiabilitiesNet $ 3,973us-gaap_DeferredTaxAssetsLiabilitiesNet